I know by no means is this a professional group but I'm sure someone here has been in the same shoes, or close to the same shoes, as I am in now.
DH and I are in debt. Between his student loans which he has to start repaying next month, 4 credit cards that are accounts closed and other miscellaneous debts we are in the hole for about $23k.
The credit cards at one point were paid off with $0 balance on them - until DH lost his job 4 years ago. I was only working part time at this point and with us not having his income money was tight, could barely afford to pay rent combining my paycheck and his unemployment, let alone utilities and food. So being young and stupid I pulled out the charge cards. For between 1 1/2- 2 years it was a downhill battle. He is working again and has been for almost 3 years
Today I signed up for careonecredit.com to consolidate 2 out of my 4 credit cards and the miscellaneous debts. I didn't add in the other 2 credit cards or his student loans because the payments are out of reach for us at the given time. He is working full time and I am still part time. After signing up and agreeing to every thing my payment will be $117/mo which is perfect...then I checked the mail. Evidently one of the credit cards has filed an intent to sue in small claims court. When I was asked by care one credit if I had received any legal papers from lawyers I said no (at that moment I hadn't). He checked the local courts and there were no open cases with my name attached to it, do you think that they will accept the proposal from care one? The small claims letter says I should receive an answer form within 6 weeks to respond to them and they want $35/wk and I can't afford that - I know it's a low amount but I do have other bills I have to pay, including purchasing my daughters formula at $28/can. So if I get the answer form before they get the proposal what do I do? I don't want to have to go to court but at the same time I'm afraid of them not accepting the proposal and getting stuck trying to pay something I can't afford....
Sorry for the length of this I'm just going crazy right now...I feel so stupid and angry and ashamed that I'm in this situation